08/14/2015
Goldman to Buy GE Online Bank With $16 Billion of Deposits
The acquisition won’t include any physical assets, and the only financial assets are cash associated with the deposits
Investment Banking
08/14/2015
Citi’s Bad Bank Was Good Experience for Corbat
The challenge, though, was finding someone to run a bank unit whose main purpose was to eventually go away.
08/11/2015
Why Bank of America Is Selling Appraisal Business?
The company’s selling of assets also help to realize savings from expenses.
08/11/2015
Bank of America's Turnaround Ain't CEO Brian Moynihan's First Rodeo
Like other banks around the turn of the century, FleetBoston found itself in trouble
08/11/2015
JPMorgan dominates 2015 100 Club list
The higher number of member funds across both equity and bond sectors means the firm has secured its place in the Large Investment Group category for the third year running.
08/11/2015
The investigation of the JPMorgan hack plays on through bitcoin, fraternity brothers and more
It is unclear exactly what links investigators may have to found to tie the persons of interest to JPMorgan hack.
08/11/2015
Citi poaches Deutsche Bank executives to bolster prime brokerage
The prime brokerage industry, which generates revenues for investment banks by providing services to hedge funds such as stock lending and leverage
08/10/2015
A golden goose for investment bankers has stopped laying eggs
There's three key things that private equity firms pay the investment banks for: acquisitions, loans, and stock and bond sales.
08/10/2015
J.P. Morgan’s Fund Chief Swims Against the ‘Passive’ Tide
George Gatch says firm will have to step up to continue attracting investors
08/09/2015
The man behind @GSElevator explains why women don't get promoted on Wall Street
In this interview he shares his experience of how women are treated on Wall Street.
08/06/2015
RBC targets large-company deals to dislodge Wall Street rivals
"We'll strive to continue to build our market share."
08/05/2015
Morgan Stanley Raises $1.7 Billion for Global Real Estate Fund
North Haven is the closed-end fund family of Morgan Stanley Merchant Banking & Real Estate Investing, the direct private investing business of Morgan Stanley.
08/05/2015
JPMorgan Reclaims Place Among U.S.'s Top 10 Biggest Stocks
The ascent highlights Wall Street’s recovery from a crisis that crippled the economy and ejected virtually every lending institution from the ranking six years ago.
08/04/2015
J.P. Morgan Loosens Terms for Jumbo Mortgages
As high-end housing rebounds, banks woo the largest borrowers; lower requirements for down payments and credit scores
08/04/2015
JPMorgan tops international risk list
A failure of JPMorgan Chase poses the greatest risk to the international financial system, even when compared with banks in Europe and Asia
07/31/2015
Investment banker and his daughter, 18, are killed when his plane crashes on trip to visit prospective colleges
Joseph Trustey and his daughter Anna were killed when their plane crashed on Wednesday night at Timmerman Airport in Milwaukee
07/30/2015
New York investment bank will be acquired by out-of-state firm
Investment bank FBR & Co. will buy New York investment banking firm MLV & Co., a move FBR says will give it the top market share in placing equity in private companies and in at-the-market equity offerings.
07/30/2015
Bank Of America Merrill Lynch Brokers Are Threatening To Leave In Mass
They are being forced to hand over a lead – an investment banking lead to Bank of America, Merrill Lynch is owned by Bank of America to their investment bankers.
07/30/2015
Internships still the best way into investment banking
Interns hoping for summer jobs at investment banks will receive offers by the end of this week and despite the gruelling work culture, it remains the best way to break into the industry.
07/30/2015
Moynihan is right guy for Bank of America
Despite recent management changes, Brian Moynihan is the right guy and Bank of America is the right stock, says Dick Bove.